We Explain All Assupol Funeral Plans in Detail
Assupol Funeral Plan Details are here for you in your time of need as nothing really prepares one for the emotional shock of losing someone close. As you grieve the loss of a loved one, it is normal to want to give them the very best send-off you can. This is good, as it helps to deal emotionally with the pain of death.
Today, the cost of dying is high. The average cost of a funeral can be anything from R5,000 to R30,000. Often this comes as a shock to the grieving family, who have not yet prepared for the event of death and a funeral. When there is already anxiety over the financial implications of the death of a breadwinner, a funeral is an added burden to the grieving family.
Basically, a funeral policy covers the cost of the funeral, but could have several other benefits included as well. A cash lump sum is paid out on the death of the insured person.
Assupol in the Early Days
Assupol is a South African Insurance Company which started over a century ago in 1913. It was originally set up as a burial society for the South African Police and other Government divisions. It later opened it’s services to the general public.
Assupol Funeral Plan Details – Policies Today
- Assupol Funeral Plans are highly recommended, low-cost policies, giving families peace of mind about the future at the death of a loved one.
- Cash lump benefits pay out between R5 000 and R50 000.
- Claims are paid out within 48 hours.
- Premiums start from as little as R70 per month on the Excellence Plan.
- Add-on premiums give you added benefits, which will give you a totally personalised funeral policy that meets the entire family’s needs.
- No questions are asked about your medical history.
- Anyone between the ages of 18 and 65 may apply.
- If the policy starts before the age of 55, no premiums need to be paid after age 65. All benefits however, will still be applicable.
- There is a 6 month waiting period before one can claim for a natural death.
- In the case of accidental death one can claim immediately.
To get a FREE Funeral Cover Quotes complete and send the form above the article
Assupol Funeral Plan Details – There Are Two
● The Absolute Advantage Family Funeral Plan – Assupol believes that people should be able to benefit from their policy while they are still alive, not only after their death. This Plan was created with this in mind.
● The Excellence Family Funeral Plan – this Plan provides money for the funeral of the policyholder as well as that of the dependents. It also has the added benefit of covering the children for life, not only until they turn 21. Cover for stillborn and newborn babies for the first 3 months is an included benefit. An unlimited number of family members may be covered.
Extra Benefits for add-on premiums on Both Plans
● Extended family up to the age of 79 can be included.
● The cover for accidental death can be doubled.
● The family can receive an income for 6 months after the death of a loved one.
● Even if you claim, you can receive an amount of money back every 4 years.
● If you are retrenched, you will pay no premium for 6 months, but still remain covered.
● Benefit from Assupol On-Call and On-Call Plus with a pay out of R2,500 for groceries, electricity, transport or airtime.
A funeral plan is seldom thought of until the time comes to organise the funeral. The problem then, is that the deceased’s bank accounts have probably been suspended until the estate has been wound up. This is why one should seek information now about Assupol Funeral Plan Details.
To get a FREE Funeral Cover Quotes complete and send the form above the article
All info was correct at time of publishing